What Type of Account Is Prepaid Rent

question 24

Multiple Choice

What type of account is Prepaid Rent?

• A) Liability
• B) Income
• C) Asset
• D) Expense

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Definitions:

Anaphylactic Reaction

A severe, potentially life-threatening allergic reaction that can occur rapidly and affect multiple body systems.

Epinephrine

A hormone and medication, also known as adrenaline, that increases heart rate, tightens blood vessels, and opens airways to alleviate severe allergic reactions.

Vascular Access

A medical technique used to access the circulatory system for administering medications, fluids, or for blood sampling.

Confusion and Somnolence

A state characterized by disorientation regarding time, place, or person coupled with excessive sleepiness or drowsiness.